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The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued an advisory warning against making ransomware payments related to cyberattacks. The OFAC warning, issued on October 1, 2020, notes that demands for ransomware payments has increased during the COVID-19 pandemic, and makes clear that such payments are a threat to national security.

The OFAC warning is not limited to victims of the attack, but is directed at any company who facilitates ransomware payments to cyber actors on behalf of the victims. …

About

Aaron W. Brooks

Attorney in Naperville, Illinois focusing on information technology, privacy, and security | awb@brooksfirm.law | 312.741.8042

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